Curve Card, the ‘all your cards [unless they are Amex] on one card’ card, has just launched its new rewards program, called Curve Cash.
As a reminder, Curve offers to consolidate your entire card portfolio into one card, letting you pay with a Curve Card and re-charging your preferred linked credit or debit card.
Key benefits of Curve Card for points collectors include:
being able to pay abroad and have the charge re-charged (in £) to your linked miles and points Visa or Mastercard, with either a 0% or a very low FX fee – far lower than the standard 3% on your underlying card
being able to withdraw £200 of cash from an ATM every 30 days and have it recharged as a PURCHASE to your linked Visa or Mastercard (unless it is a NatWest, RBS or Tesco card)
It is particularly useful in combination with rewards credit cards in situations in which retailers do not (or charge a premium to) accept credit cards but do take debit cards. HMRC is a good example – you can pay your tax with Curve and have it recharged to your linked credit card as a purchase, earning reward points. Last week we looked at the value of signing up for a Curve Card.
Curve Cash lets you ‘double up’ on your rewards
This new program works in addition to reward programs on your underlying cards. This means you can ‘double dip’ on spend you push through your Curve Card.
The new scheme offers cashback at many top retailers. You get different benefits depending on which card you hold:
Curve Blue (the free version): 1% instant cashback on up to three pre-selected retailers for 90 days.
Curve Black: 1% instant cashback on up to three pre-selected retailers indefinitely
Curve Metal: 1% instant cashback on up to six pre-selected retailers indefinitely
You can select the retailers you earn cashback at. The choice includes top brands such as Amazon, Apple, Sainsbury’s, Waitrose, Tesco, M&S, Pret, TFL, Uber, Gett, Spotify and Netflix. This is the full UK list:
Four Seasons Hotels
House of Fraser
Marks & Spencer
Papa John’s Pizza
Pret a Manger
The White Company
Wyevale Garden Centres
A quick back-of-the-envelope guestimate is that a Curve Black cardholder should be able to easily earn £5 cashback per month (50% of the monthly fee) and a Curve Metal cardholder £7.50 (60% of the monthly fee if you are on the £150/year option).
This assumes that your top three choices account for £500 per month of spending (let’s say TFL, Pret and Waitrose) and your top six choices account for £750.
It could be a lot more, of course. If you have a family and are spending £100+ per week at Waitrose, Asda, Tesco, Lidl, M&S, Aldi or Sainsbury’s then you would generate £5 per month just from your top merchant.
This is a fairly good selection although you should do the maths before you select your retailers. Netflix and Spotify, for example, would yield fairly low cashback despite their recurring transactions: 1% on £9.99 is only 9p a month. You are likely to spend far more at supermarkets, Amazon or TFL.
If you use a Visa or Mastercard as your primary rewards credit card – which probably means you focus on the Virgin, Lufthansa or IHG Premium products instead of a BA Amex – you should do the maths to see if Curve Cash makes it worthwhile getting a Curve Card.
If nothing else, Curve Cash should be worth at least £10 to you if you apply for the free Curve Blue if you spend £300 per month at your chosen Curve Cash retailers. After 90 days, however, the free Curve Blue stops giving rewards.
You can find out more about Curve Card in our full recent review here.
PS. If you applied for Curve before February 2018, you will remain by default on the old Curve Rewards scheme. This has a smaller list of merchants but a higher cashback rate. You can switch to Curve Cash by contacting Customer Services. This may not make sense for everyone, depending on which plan you are on – you should have received an email in the last 48 hours explaining your options.
PPS. Curve will pay you £10 for trying it out if you use our link.
Want to earn more points from credit cards? – September 2022 update
If you are looking to apply for a new credit card, here are our top recommendations based on the current sign-up bonuses.
In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.
You qualify for the bonus on these cards even if you have a British Airways American Express card:
You can see our full directory of all UK cards which earn airline or hotel points here. Here are the best of the other deals currently available.
EDIT: Until 25th October 2022, there is an exceptionally generous sign-up bonus on The Platinum Card. You will receive 60,000 Membership Rewards points – double the usual amount – and £200 to spend at Amex Travel. You need to spend £6,000 within six months to earn the bonus.
British Airways American Express Premium Plus
25,000 Avios and the UK’s most valuable card perk – the 2-4-1 voucher Read our full review
American Express Preferred Rewards Gold
Your best beginner’s card – 20,000 points, FREE for a year & two airport lounge passes Read our full review
The Platinum Card from American Express
60,000 points, £200 travel credit and an unbeatable set of travel benefits – for a fee Read our full review
Virgin Atlantic Reward+ Mastercard
15,000 points bonus and 1.5 points for every £1 you spend Read our full review
Earning miles and points from small business cards
If you are a sole trader or run a small company, you may also want to check out these offers:
American Express Business Platinum
40,000 points sign-up bonus and a long list of travel benefits Read our full review
American Express Business Gold
20,000 points sign-up bonus and free for a year Read our full review
British Airways Accelerating Business American Express
30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review
Capital On Tap Business Rewards Visa
50,000 points bonus until 2nd October – the most generous Avios Visa for a limited company Read our full review
For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending.